Compensation & Benefits Analyst
POSITION SUMMARY:
The Compensation & Benefits Analyst administers and supports employee benefits and compensation programs, ensuring compliance, accuracy, and alignment with organizational goals. This role supports key processes such as benefits administration, benefits education (open enrollment, new hire orientation, etc.), payroll integrations, and compensation analysis and closely works with HR, Payroll, external vendors, and employees at all levels. The Analyst also leverages data and market insights to enhance program effectiveness and ensure competitive, compliant total rewards offerings.
The position is located onsite in Norfolk, VA and will often require hours beyond a standard work week with flexible schedule availability. Position may require limited travel.
ESSENTIAL DUTIES and RESPONSIBILITIES:
Duties focused on Benefits include:
- Provide administrative and analytical support for compensation and benefits programs
- Administer and maintain comprehensive employee benefits programs, including health & welfare plans, retirement plans, voluntary benefits, COBRA, and various wellness initiatives
- Provide consultative and technical expertise on complex benefits and compensation issues
- Process and audit benefits transactions, including new hire enrollments, qualifying life events, status changes, and new hires/terminations
- Support annual open enrollment through effective coordination, education, enrollment support, focused communications, and auditing
- Ensure accurate benefit deductions and payroll integrations
- Reconcile monthly carrier and third-party administrator (TPA) invoices, resolving eligibility, billing, and funding discrepancies
- Review and analyze claims reporting to identify trends and assist with funding reconciliation activities
- Ensure compliance with ERISA and applicable regulatory requirements, including support for Form 5500 filings for self-insured plans
- Administer leave of absence programs, including FMLA, ADA, military leave (USERAA), and company-sponsored leave policies in coordination with third party administrators,
- Partner with HR and management to support reasonable accommodations and return-to-work planning
Additionally, Compensation and other duties include:
- Partner with management and other stakeholders to support effective job analysis/evaluation/classification, job description creation, and support maintenance of the general labor category library
- Conduct market benchmarking analyses to assess competitive pay positioning and recommend salary actions aligned with internal equity and external competitiveness for new and existing roles
- Ensure all comp practices and pay decisions comply with federal/state/locality regulations and align with Company’s guidance and expectations
- Complete administrative tasking and analyses to effectively maintain the Company’s salary grading structure as aligned with our compensation philosophy
- Support special initiatives and projects related to benefits, employee morale & welfare, compensation & reward programs, or HR systems
- Maintain comprehensive documentation of program structures, procedures, and system configurations
- Ensure benefits and compensation programs comply with federal, state, locality and industry regulations while monitoring changes to maintain compliance
REQUIRED QUALIFICATIONS:
- Must have Bachelor’s degree in Business Administration or related field, (or equivalent experience) and 3+ years of experience in Compensation and/or Benefits administration.
- Candidate must be able to demonstrate competency and/or understanding of core compliance elements (FLSA, ERISA, ACA, HIPAA, pay transparency, etc.), HRIS platforms, managing multiple projects with competing deadlines.
- Must have compensation and/or benefits experience supporting various position types and levels (trades, professionals, executive, etc.) is required, with preference serving in ship repair/building or industrial fabrication industries
- Must have advanced Excel skills with proficiency in other Microsoft Office programs and demonstrated ability to analyze data and communicate insights clearly.
- Must have strong detail orientation, analytical skills, effective verbal and written communication, and problem-solving abilities required
- This position requires US Citizenship.
PREFERRED SKILLS/QUALIFICATIONS:
- CEBS, CCP, CBP Certification(s) preferred
TRAVEL REQUIREMENTS:
- Minimal Travel; 10% or less.
PHYSICAL REQUIREMENTS:
- Sit, Stand, Walk, Bend, Squat, Climb, Reach, Push and Pull, Stoop, Crawl, Kneel, Balance, Lift and Carry various objects and equipment.
- General office environment. Work is generally sedentary in nature but may require standing and walking for up to 30% of the time.
- Lighting and temperature are adequate, and there is minimal exposure to hazardous or unpleasant conditions caused by noise, dust, etc Hear, talk, and smell.
- Specific vision abilities required by this job include close vision, peripheral vision, and the ability to adjust focus.
- Work is generally performed within an office environment, with standard office equipment available, but also requires safe navigation and regular partnership with operations teams within shipyard/industrial environments.
Respect, Pride, Truth, Family – These are our VALUES and the guidelines that make us a leader in our industry. We are pleased and confident in stating that our skilled employees are among the most respected experts in the ship repair industry.
Colonna’s Shipyard, Inc. is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Pay Range: $65,000 - $78,000
Determination of base salary considers various factors, including but not limited to scope of responsibility, candidate’s relative and specific experience, education level, key skills, as well as other business considerations. The company also provides a variety of benefits to support employees’ best health and wellness. Additionally, the company offers a 401k retirement program with match, paid holidays, and competitive paid time off (PTO).
